December 2007

Harrah’s Still Interested In Rank 

American gambling giant appoints advisers to look at ‘strategic options in the European gambling market'. 

Online Casino Developer Launches On Market 

Hong Kong’s AsianLogic becomes first to launch since passage of UIGEA in 2006. 

Online Casino Trading In Line With Expectations 

Name change and working capital gives Isle of Man’s Webis Holdings a boost. 

RGA Files Complaint Against US 

The Remote Gambling Association, which represents some of the largest European online gambling companies, has filed a formal complaint against the US for claims of discrimination and violations of international trade law. 

EGBA Urges European Commission To Act Against Denmark 

The European Gaming And Betting Association (EGBA) has called on the European Commission to take the Danish Government to the European Court of Justice regarding its industry practices. 

Inspired Sale Abandoned By Icelanders 

Inspired Gaming Group has ended talks regarding its possible takeover by Icelandic investment firm FL Group. 

Lottery Scandal Has Happy Ending 

In Canada, police announce the arrest of a former convenience store owner on charges of theft and fraud relating to ‘inside wins’ on the Ontario provincial lottery. 

Online Giants Settle With US Government 

Microsoft, Yahoo and Google pay a total of $31.5 million to settle a Government probe into their roles in promoting online gambling dating back a decade. 

Confusion Over America’s WTO Agreement 

Statements released late last week by the US and the EU which kept the two out of a World Trader Organisation arbitration panel are now creating confusion. 

American Bankers Group Applaud UIGEA 

The American bankers group Independent Community Bankers of America have applauded the US Department of Treasury and Federal Reserve Board last week for writing ‘narrow and reasonable’ proposed regulations to implement the UIGEA.